Currenc Group (CURR) & Its Competitors Critical Survey

Currenc Group (NASDAQ:CURR) is one of 89 publicly-traded companies in the “UNCLASSIFIED” industry, but how does it contrast to its competitors? We will compare Currenc Group to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, earnings, analyst recommendations and dividends.

Profitability

This table compares Currenc Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Currenc Group	-102.10%	N/A	-39.14%
Currenc Group Competitors	0.86%	0.95%	0.80%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Currenc Group and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	1	1	1	1	2.50
Currenc Group Competitors	215	264	217	3	2.01

Currenc Group currently has a consensus price target of $3.50, indicating a potential upside of 3.55%. As a group, “UNCLASSIFIED” companies have a potential upside of 131.00%. Given Currenc Group’s competitors higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

56.0% of Currenc Group shares are owned by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 17.8% of Currenc Group shares are owned by company insiders. Comparatively, 42.9% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

Currenc Group has a beta of 0.02, meaning that its stock price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.08, meaning that their average stock price is 108% less volatile than the S&P 500.

Earnings & Valuation

This table compares Currenc Group and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-3.19
Currenc Group Competitors	$48.56 million	-$19.62 million	92.69

Currenc Group’s competitors have higher revenue and earnings than Currenc Group. Currenc Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Currenc Group competitors beat Currenc Group on 9 of the 13 factors compared.

About Currenc Group

Currenc Group, Inc. engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.